Still expect some downward movement to 7k/6k levels, after that some side-way movements or a slight uptrend as people might be buying into the bullish rumors of a potential ETF license for the CBOE on August 16.
You can see the triangle fits last turnzones pretty straight, coming zones (red or green) are standard triangle technique based and show you higher probabilitys for either of possible scenarios. Happy Trading!
Zones & Levels for the coming week
Same story as last 'idea'; Still room for some bearish moves, with likely a reversal at one of the stronger support levels.
Green zones for buy, red for sale. Take profit and stop loss you can see on the chart. Good luck
Still room for some bearish moves, with likely a reversal at one of the support levels.
STRATBTC Log-scale Previous support becomes resistance and vice versa. Heavy resistance in the red zone which was tested multiple times in the past. STRAT needs to break that resistance which will be a big deal IMO.
Hello guys, This post will be very brief. I wanna you to focus on 3 important zones. 1. Bearish 2. Neutral 3. Bullish We are actually still in zone #1. This downtrend started in Dec 17. at 20,089 USD high. If we will break this downtrend line it is a positive sight for long term investors. After breaking this trendline we will make it to zone #2 where...
Every zone represent BTC 0.618 retracement from a specific area. I expect price action at the border of every zone. Each zone will represent support and resistance for BTC. I wish you luck. Make money
We can see a bearish pennant forming, but is there still room to go down? Support around 6600-7000 seems to be pretty strong. However, the charts tell a different story.
680 and 630 is the bounce zone for XVG to start it's wave up to 5. Wave 3 had pretty exact a move up of 1.6 on fib. Wave 4 can't retrace in zone 1 area, therefore I will stack lower than 680 and expect a bounce from 660-630 ~ 1230 is the target for wave 5 Input and feedback always appreciated
Important market prices based on the X-Lines indicator. Showing important prices for a 15-minute chart. You can freely and free to use the indicator by clicking on the link below and adding it to your favorites.
We're in a wedge again... Hard to predict where we might be heading next. With the taxes soon out of the way, BTC might see some upward movement again in the coming months. Watch for breakouts !
ETCUSD 1d Looks very nice position to buy, but be careful, because of so many indicators display continuing downtrend. Have some active zones, if we'll show positive movements. Now price's left the normal demand zone. We have'nt seen the super profit in ETC, crowd believe in this and expect. Are you?
4HR After UJ broke the key level 106.32 we possible can see some short momentum Also UJ is bouncing between the monthly resistance and support zone
EURUSD has reached a major resistance level at 1.24382 price level. it had consolidated for almost 2 days showing countless rejections when price tried to go bullish then price had dropped down to the 1.23313 support price level. Price had started to go bearish however it went back up for a retest , I'm hoping that price would go down towards the 1.22284 Support level!